Do You Have to Drop the Price?

As the seller, it is only reasonable that you would like to get the most money for your house. Is your house not selling? This may be due to several different factors such as economy, competition, location, and fewer demands. These factors are beyond your control however, there is one thing that you can have power over and that is your asking price.

It is maybe the time to drop your asking price if your house has been in the market longer than the others with house features similar as yours. If the average number of days to sell a house in your area is 15 days and your house has been sitting for 25 days already, the price may be affecting your buyers’ interest. Do not let your house sit for much longer otherwise; buyers will think that there is something wrong with it.

Drop the price if you are following a tight deadline. Some people find the need to sell their house quickly if they are relocating, have already purchased a new home, and or facing foreclosure. If you happen to be in a similar situation, you can amp the buyers’ interest by dropping the price. Selling a house is not about how much money you make as the owner but it is how much money the buyers are willing to spend for your house.

Drop the price if you need to sell your house as is. If the reason for selling your house is financial hardship, it is more likely that you cannot afford to pay for a few upgrades. Fresh paint, new kitchen counter top, or new water heating system in the bathroom can go a long way in getting more buyers. Buyers are unlikely to pay for a home which is less presentable than the other comparable.

Do you need to sell as is? Do you need a quick turnaround time? Can’t afford to lose more money? If your answer is YES to all of these; then you need to sell your house to Lucas Properties.

You don’t have to drop the price. Lucas Properties, a private investor, offers a fair cash price based on the marketplace and your house’s condition. 

Get Rid of Unwanted House

Disposing of unwanted house can be credited to job relocation, downsizing, divorce, impending foreclosure and family emergency. If you find your way in one of these situations, what will you do?

Give the house away. This is the fastest way to get rid of your house. This is very common to rich people where the property can be handed down from grandparents to grandchildren. It only requires simple paperwork which can be done by an attorney or title company depending on which state the property falls under.

Donate your house to charity or any organization. This is not just for the well to do but this is most beneficial to owners whose property is a financial setback. With donation, property owners can do away with liability exposure, property taxes, and insurance costs. Certain regulations apply for real estate donations and these can vary depending on which state and who is making the donation. It is recommended that paper works should be done by an attorney to avoid legal complications.

Trade your unwanted house. Although this is not common, it is worth to be given a thought. You can do away with your house by making offers to trade it for another property, may it be another house in another location, vacant lot, or even a car. Ask a tax consultant for advice regarding property exchange.

Sell your house. It may not be the easiest however this is the most efficient way because you get to be free of the property and receive monetary compensation as a result of the sale. You can use the property as leverage to earn money. Invest the funds to earn more or simply spend it on a much needed vacation. Do a little research and know the different ways in selling a house.

Sell your house quickly to Lucas Properties. As a private investor, they buy houses in any condition any time. You will receive a no hassle cash offer on your property and expect to close within a week.

What Are Your Options to Avoid Foreclosure

Losing your home to foreclosure can be your worst nightmare. Reality check, it will not go away unless you have found a solution. You cannot simply wake up or walk away. Foreclosure can affect your credit record in a bad way. And so we’ve compiled some tips that will help you avoid foreclosure and save your credit record.

If you are experiencing financial difficulties and you’re starting to miss your payments, do not delay the inevitable by not contacting your lender. As soon as you can, inform your lender about the situation as they might offer you with possible solutions. Some lenders will offer repayment plan. If the reason of your missed payments is just temporary such as expensive car repair or medical emergency, your lender might let you pay the missed payments in installments until you can go back to your original mortgage.

Another option is loan modification. This is done by extending the loan terms by several months, lowering your monthly dues. It could also be that your lender will lower down the interest rate and the delinquent amount is spread out through the rest of the terms.

If the two options will not work, you can still stop foreclosure by selling your home. You may lose your home in the process but with your credit score in good standing, you will be able to qualify for another loan and buy a new home. Sell your home to cash buyers and get on with your life. There are several options to sell your home but the fastest route is through private property investors. Lucas Properties LLC, a private investor, has been helping families through the years by buying their distressed property with cash. In as short as seven days, you can walk away with cash. No more after-sales papers to worry about.